US Bank Associations Urge Regulators to Maintain Ban on Stablecoin Interest Payments
Major U.S. banking associations have called on federal regulators to uphold existing restrictions that prevent stablecoin issuers from offering interest or yield on customer holdings, warning that allowing such payments could undermine financial stability and blur the lines between banking and nonbank digital-asset activities. The appeal highlights growing tension between traditional banks and emerging payment-stablecoin […]
